Trelleborg: New CFO and CTO Appointed for TrelleborgVibracoustic

Regulatory News:

Trelleborg: (STO:TRELB)

TrelleborgVibracoustic continues to strengthen its position as a global leader within antivibration solutions for light and heavy vehicles. In line with its long-term succession planning, Stefan Eck and Jörg Böcking will as of January 1, 2016, join the company as Chief Financial Officer (CFO) and Chief Technology Officer (CTO), respectively.

"We are very pleased to attract and recruit Stefan Eck and Jörg Böcking. They have comprehensive expertise in the automotive industry and excellent leadership skills in their respective disciplines. Together with Frank Müller, CEO of TrelleborgVibracoustic, the team will be very well suited to lead TrelleborgVibracoustic into an exciting future. The recruitments are a part of the company’s long-term succession planning. I would like to extend my heartfelt thanks to Norbert Schebesta and Jim Law who Stefan and Jörg will replace. The two of them have been great assets in the development of the joint venture,” says Peter Nilsson, President and CEO of Trelleborg.

Stefan Eck will assume the position as CFO and member of the Management Board, replacing Norbert Schebesta. Stefan Eck joins TrelleborgVibracoustic from his position as CFO of the automotive supplier Hilite International. He has a broad international management background including considerable financial experience combined with automotive industry exposure.

Jörg Böcking will assume the position as CTO and member of the Management Board, replacing Jim Law. Jörg Böcking joins the company from his position as CTO for Freudenberg. He held leading positions in Vibracoustic prior to the formation of the joint-venture and has extensive management experience of leading businesses in the automotive industry, as responsible for technology and innovation projects with global customers.

Norbert Schebesta and Jim Law will, from February 1, 2016, assume advisory roles within TrelleborgVibracoustic for an interim period before their retirement in 2016.

Trelleborg (http://www.trelleborg.com)is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 22 billion in over 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50 percent of TrelleborgVibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of approximately SEK 16 billion in about 20 countries. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap. www.trelleborg.com

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